Get PA DoR RCT-101 2015

The PA Corporate Tax Report (RCT-101) is due annually on April 15 of the year following the year for which the report is submitted for a calendar year reporting corporation, or 30 days after the federal due date for corporations reporting to the federal government on a fiscal year basis.

Pennsylvania has a corporate net income tax, but no franchise or privilege tax generally applicable to businesses. (The state eliminated its longstanding capital stock and foreign franchise taxes as of 2016.) ... For purposes of comparison, note that Pennsylvania generally taxes personal income at a flat rate of 3.07%.

The foreign franchise tax is a tax on non-PA joint-stock associations, limited liability companies, business trusts and entities organized as corporations or considered corporations by the federal government for the privilege of doing business in Pennsylvania, rather than on property.

S Corporations/ Limited Liability Companies. All corporations and limited liability companies doing business in Pennsylvania are required to pay capital stock/foreign franchise tax. ... Rather, shareholders in the businesses considered S Corporations are taxed at the personal income tax rate, 3.07 percent.

What Is a PA S Corp? A PA S corp is any domestic or foreign corporation that is operating in the state of Pennsylvania and doing business. The only exceptions are businesses that have completed the Election Not to be Taxed as a Pennsylvania S Corporation form, which is REV-976.

The excise tax is based on the net income of the company for the tax year. The franchise tax is an asset based tax on the greater of net worth of the company or the book value of real and tangible personal property owned or used in Tennessee at the end of the taxable period.

Annual Registration Unlike most states, Pennsylvania does not require LLCs to file an annual report.

Pennsylvania Annual Report Service No hidden fees. Your business must file annual reports in every state where one is required. Our reliable annual report service fulfills this requirement.

Directors need not be residents of Pennsylvania or shareholders of the corporation, unless the articles of incorporation or bylaws require.

Annual Registration Unlike most states, Pennsylvania does not require LLCs to file an annual report. ... An annual fee of $520 times the number of members of the LLC must be paid.

Online: Go to their website and follow the instructions provided to sign up, search and print a certificate. ... By Mail: ... By Fax: ... In Person: ... Order Certified Copy Online.

Current Rate. The Capital Stock and Franchise Tax rate is imposed at a rate of 2.89 mills.

Pennsylvania domestic corporations are subject to the Capital Stock Tax which is a property tax imposed on joint stock associations, limited liability companies, business trusts, and entities organized as corporations doing business in Pennsylvania.

S Corporations/ Limited Liability Companies. All corporations and limited liability companies doing business in Pennsylvania are required to pay capital stock/foreign franchise tax. ... Rather, shareholders in the businesses considered S Corporations are taxed at the personal income tax rate, 3.07 percent.

Pennsylvania's corporate net income tax has a flat rate of 9.99% (this makes it one of the highest corporate tax rates in the country).